The Biltong Factory Limited

The Biltong Factory Limited, a small company based in London, UK, has been operating for a decade, employing just two people and holding £123,097 in assets. Established in 2014, it boasts a 4.0 Google rating from 22 reviews, indicating a generally positive customer experience. The company is actively trading, with two directors and two owners – Cohen Marc Justin and Tatz Moshe Baruch – at the helm. It operates from a virtual address, where seventy-seven other companies are also registered. Its primary business involves the processing and preserving of meat, with a notable focus on irregular imports of meat and edible meat offal, the last operation recorded in November 2024.

The company's website showcases a vibrant online store specializing in biltong and related meat products. It’s clearly geared towards e-commerce, offering a range of options from classic biltong to bespoke creations where customers can select their flavour, cut, and texture. A “Biltong Club” encourages repeat business with exclusive rewards and standing order management. The site also highlights letterbox-friendly packaging and a variety of meat boxes, including a summer BBQ selection. It’s a modern, customer-focused operation.

Financially, The Biltong Factory Limited presents a mixed picture. Current assets have fallen by 27%, dropping to £120,000, while net assets have plummeted 44%, reaching -£230,000. Bank borrowings have increased by 11%, rising to £7,900, and cash reserves have experienced a dramatic 90% decrease, settling at just £8,100. Creditors have also increased slightly, by 1.6%, to £95,000. The company meets the criteria for a small business, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. It’s likely unaudited due to its small size.

The sharp decline in equity and cash reserves is concerning, suggesting the company may be burning through money faster than it’s generating revenue. The increase in bank borrowings could indicate a need for short-term financing. Despite these challenges, the positive Google rating and active e-commerce presence suggest a loyal customer base. Whether the company can navigate these financial pressures and sustain its growth remains to be seen.

Registered in England/Wales under the registration number 09149855, with a registered address at NW11 7RJ, London, 5 North End Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.